Life Healthcare (South Africa) Statistic Functions Beta

LHC Stock   1,765  11.00  0.63%   
Life Healthcare statistic functions tool provides the execution environment for running the Beta function and other technical functions against Life Healthcare. Life Healthcare value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Life Healthcare statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Life Healthcare correlated with the market. If Beta is less than 0 Life Healthcare generally moves in the opposite direction as compared to the market. If Life Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Life Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Life Healthcare is generally in the same direction as the market. If Beta > 1 Life Healthcare moves generally in the same direction as, but more than the movement of the benchmark.

Life Healthcare Technical Analysis Modules

Most technical analysis of Life Healthcare help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Life from various momentum indicators to cycle indicators. When you analyze Life charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Life Healthcare Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Life Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Life Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Life Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Life Healthcare's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Life Healthcare's intrinsic value. In addition to deriving basic predictive indicators for Life Healthcare, we also check how macroeconomic factors affect Life Healthcare price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1,7631,7651,767
Details
Intrinsic
Valuation
LowRealHigh
1,5882,0832,085
Details
Naive
Forecast
LowNextHigh
1,7331,7351,737
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,6031,6931,784
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Life Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Life Healthcare's short interest history, or implied volatility extrapolated from Life Healthcare options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
FinTech Idea
FinTech
Invested over 40 shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Impulse Idea
Impulse
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Millennials Best Idea
Millennials Best
Invested few shares
Technology Idea
Technology
Invested few shares
Blockchain Idea
Blockchain
Invested few shares

Other Information on Investing in Life Stock

Life Healthcare financial ratios help investors to determine whether Life Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Life with respect to the benefits of owning Life Healthcare security.